Lookonchain APP

App Store

Musk Responds to Why He 'Fell Out of Love' with Trump: Deficit Will Bankrupt America

9 hours ago

On July 6th, Musk responded to the community on the X platform regarding the reason why he "fell out of love" with Trump. He stated, "The deficit of the (U.S. Treasury) will increase from the already astonishing $2 trillion during the Biden administration to $2.5 trillion. This will result in national bankruptcy."
Relevant content

BiyaPay Analyst: Bull Run Terminated, 20,000 BTC Dormant for 14 Years Moved, Bitcoin Plunges from 110K

July 6th: A Bitcoin holder has recently transferred 20,000 BTC that had been dormant for more than 14 years. The market value of these bitcoins is approximately $2.18 billion. The transfer of these 20,000 BTC triggered a strong reaction in the market, causing the Bitcoin price to drop sharply from the previous $110,000, instantly cooling market sentiment. It is worth noting that these bitcoins were purchased at only $0.78 each 14 years ago. This means that the return on investment (ROI) from this transfer is as high as 140,000 times. This enormous return has attracted widespread attention in the market and prompted many investors to reevaluate the future direction of the Bitcoin market. This recent price fluctuation of Bitcoin has undoubtedly broken the previous bullish trend, and the sharp change in market sentiment has created uncertainty about the future Bitcoin price. However, BiyaPay, as a stablecoin trading and digital asset platform, is committed to providing users with a tran

4 minutes ago

Hong Kong Financial Secretary: Hong Kong has over 210 listed ETPs, pegged assets include digital assets and more

On July 6th, Hong Kong's Financial Secretary Paul Chan stated in an article that "At present, ETPs listed in Hong Kong have their underlying assets linked to a variety of assets such as stocks, fixed-income products, commodities, currencies, and digital assets. The sources of these assets cover the Mainland, the United States, Europe, Japan, South Korea, Southeast Asia, the Middle East, and South America." "ETPs enable issuers to have greater flexibility in selecting underlying assets, product returns, and risk structures, making it easier for them to attract investor interest and hedge risks. They continuously launch new products to meet the constantly changing market trends. For instance, in March of this year, Hong Kong welcomed the first batch of leveraged and inverse products in Asia, including those tracking popular U.S. stocks like NVIDIA, Tesla, Coinbase, and MicroStrategy, with a focus on intraday leverage changes. These products not only enrich the market ecosystem but also

4 minutes ago

「American Party」 Concept Emerges: Musk Says Breaking Two-Party Monopoly Not Hard

On July 6th, according to multiple U.S. media reports, Elon Musk is hatching a potential move that could transform the U.S. political landscape. It is reported that he is advocating for the establishment of a new political party named the "American Party." In contrast to the traditional third-party's nationwide expansion approach, Musk intends to concentrate his efforts and aim at 2 to 3 Senate seats and 8 to 10 House seats, concentrating on those crucial swing districts. With the influence of the X platform, existing Political Action Committees (PACs), and strong mobilization capabilities, Musk can promptly conduct polls, crowdfund signatures, and organize candidates. Subsequently, Musk made remarks on breaking the two-party monopoly, stating, "To be honest, it's not that difficult."

4 minutes ago

Bitcoin mined an empty block at height 904263 65 minutes ago

On July 6th, based on mempool data, a miner mined an empty block at the Bitcoin height of 904263 (indicating that the block only contained the block reward Coinbase transaction), and there was only 29 seconds between this block and the previous one. Mining an empty block is carried out by miners for economic reasons. It is the most rational choice for them. Miners do this to make full use of this time for mining and avoid any conflicts with transactions included in the parent block. This means that miners cannot include any transactions in the block and can only try to mine an empty block.

4 minutes ago

This Week US Ethereum Spot ETF Net Inflow: $2.191 Billion

On July 6th, based on Farside's monitoring data, this week the net inflow of the Ethereum spot ETF in the United States amounted to $2.191 billion.

4 minutes ago

Arkham: Ancient Whale Transfers Over 80,000 BTC or Moves Due to Address Upgrade

On July 6th, the on-chain analysis platform Arkham published an article on the X Platform, stating that the ancient whale that previously moved more than 80,000 BTC may have carried out the migration operation due to an address upgrade, transferring addresses beginning with "1-" to addresses starting with "bc1q-". Up to now, there is no evidence indicating that this ancient whale is selling its Bitcoin.

4 minutes ago